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2 bedroom retail property (high street) for sale

Nibbles, 14 Lea Road, Gainsborough DN21 1LH

Offers in Region of £150,000

Property Description

Key features

  • Commercial Sale incorporating upstairs residential flat
  • Sandwich Bar, van included
  • Established business over 16 years trading
  • Good location on main road into Gainsborough
  • Delivery service and outside catering
  • Two bedroom flat above currently achieving 498 pcm
  • Viewing essential

Full description

Tenure: Freehold

FREEHOLD FOR SALE. Sandwich Bar trading as NIBBLES to include the premises and assets, including the Van (excluding number plate) and all interior modifications. All kitchen equipment, AND a spacious 2-bedroom apartment on the 1st floor which generates a separate rental income of £5,980pa.

Established in 1999, with 16 years profitable trading history and established custom, Nibbles is being sold as a going concern. The vendor has built a reputation for excellent service, quality produce and value for money. In addition to retail sales of hot and cold sandwiches, baps, breakfast boxes, toasted sandwiches, salad boxes and jacket potatoes direct from the premises, the business also offers a delivery service and outside catering to businesses and residential premises in Gainsborough and beyond. The van carries a large selection of sandwiches with a variety of fillings, pies, cakes, crisps and cold drinks. The sandwiches, pies and cakes are all freshly prepared at the premises.

Located on the busy A156 Lea Road and situated approximately 1/4 mile from Gainsborough town centre and with customer parking in front of the shop, the business is well known throughout the area and is one of only a few catering facilities to have earned the "5 Stars" Food Hygiene Rating. The business is run from FREEHOLD premises with all ground floor facilities serving the business. These start with the shop front and customer service area with a chilled glass and stainless serve-over counter, and menu board. To the rear of the premises are the main kitchen and food preparation area which contain a commercial gas cooker, microwave oven, stainless steel food preparation tables and pot washing facilities. The property has various extensions to the rear of the kitchen and a separate access to the self-contained flat on the 1st floor making it suitable for renting out. There is also a further food prep area, two storage rooms for dry goods, fridges and freezers and staff toilet facilities.

On the first floor there is a very modern, tastefully decorated flat with two good-sized double bedrooms, a large living room, a kitchen and shower room. This currently achieves a rental income of £498 pm, or could easily be used by the owner.

There is also a cellar with electricity and lighting which runs virtually the full length of the premises. The cellar was not inspected for the purpose of preparing this brochure.

TRADE: Seriously Interested parties will be given access to the most recent figures if they can demonstrate they are in a position to purchase.

The business currently trades from 0600-1400 Mondays to Saturdays and is closed on Sundays. There are currently one full-time and two part-time staff members who take care of the day-to-day running of the business. The vendor currently only covers for staff holidays and sickness. The full time staff member has been with the business from its inception in 1999.

The vendor is selling reluctantly due to retirement, however she leaves the business in good health. We understand that the business's financial advisors confirm that the banks will lend against the business accounts. Additionally, Commercial Finance can be arranged through Ewemove Gainsborough's Commercial Finance partner.

In addition to the rooms described below in the commercial part there are a further two food preparation rooms, two storage rooms a staff wash-room facility and a rear courtyard.

The vendor advises us the boiler sited in the retail kitchen area is to heat the flat above only.

This home includes:

  • Sales Area

    3.9m x 2.6m (10.1 sqm) - 12' 9" x 8' 6" (109 sqft)

    Good-sized glass-fronted Customer Service Area at the front of the premises.

  • Sales Area

    3.9m x 2.1m (8.1 sqm) - 12' 9" x 6' 10" (88 sqft)

    This is the same room from the staff-side of the counter.

  • Kitchen

    4.2m x 3.6m (15.1 sqm) - 13' 9" x 11' 9" (162 sqft)

    Large working kitchen with range of commercial kitchen equipment including large gas stove and oven, stainless steel food preparation areas and pot washing facilities. Wall-mounted CCTV screens allow the front of house area to be supervised from the kitchen.

  • Living Room

    4.59m x 4.2m (19.3 sqm) - 15' 1" x 13' 9" (207 sqft)

    Very spacious living room in upstairs flat. Tastefully decorated and with light beech coloured laminate flooring.

  • Bedroom (Double)

    4m x 3.7m (14.8 sqm) - 13' 1" x 12' 1" (159 sqft)

    Large double bedroom with neutral decoration and light beech coloured laminate flooring.

  • Bedroom (Double)

    4m x 2.6m (10.4 sqm) - 13' 1" x 8' 6" (111 sqft)

    Second double bedroom again tastefully decorated and with light beech coloured laminate flooring.

  • Kitchen / Breakfast Room

    Kitchen with breakfast bar, sink and cooker.

  • Shower Room

    Shower room located just off the kitchen area.

  • WC

    Separate wc just off kitchen area.

  • Please note, all dimensions are approximate / maximums and should not be relied upon for the purposes of floor coverings.

Additional Information:

  • Energy Performance Certificate (EPC) Rating:

    Band D (55-68)

Marketed by EweMove Sales & Lettings (Gainsborough) - Property Reference 8093

More information from this agent

Energy Performance Certificates (EPCs)

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